Q
The purpose of separating management from ownership is to________________?
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A
A. Secure the highest possible salaries for managers
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B
B. Ensure that the long-term interests of the corporation outweigh short-term gains
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C
C. Shield absentee owners from any and all responsibility
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D
D. Shield the board of directors from any and all responsibility
Correct Answer:
B. B. Ensure that the long-term interests of the corporation outweigh short-term gains
